Quote from: Frank_Holo on Today at 10:46:55 AM

Quote from: livingfree on August 17, 2022, 05:40:32 PM

Quote from: ANSEL_2.0 on August 16, 2022, 02:40:33 PM

Do you think this can have any good impact on the market?

I'm sure that the news about PayPal having a support to crypto has been long time ago and this isn't a new news.

Well, as for this news, it has a very good impact to the market but, AFAIK this support from PayPal doesn't really support crypto deposits and withdrawals and it's like you're just playing numbers and names on their platform.

But with their TOS on that page and under it, it seems that they're already supporting in and out transactions which is totally a good news.

Yea paypal have had Ethereum,BTC, Bitcoin Cash and Litecoin since 2020, I suspect Bitcoin Cash is still there since it's a legacy coin they'd already set up.

The only update here is the ability to transfer in and out but I've had some pretty rough experiences with Paypal holding funds for days before conversion. At the time I was just testing with 500 bucks of eth for science and I remember it was a least 3 days before I could liquidate.

Not ideal if the market is moving fast, they are more than happy to put your funds on hold for extended periods while they "investigate".

Yes.

That's the update that many are waiting for because on their first news about the acceptance of specific cryptos, the top ones. They're only allowing the buy and sell on their own platform but no way of cashing in and out, so it just circulates to their platform.

They really are the typical PayPal if they have holding period since they're known for that. It's only ideal for those users that likes PayPal and has funds there and if they're good with them having holding periods.